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Neiman Marcus Turns to More Discounting as Losses Widen

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

Although unsuccessful execution of promotional activities hurt Neiman Marcus Group Ltd.’s third quarter, the retailer is looking at 2019 as an investment year, including how it uses data to target personalized promotions to get closer to what its luxury consumers want. In a Nutshell: Neiman Marcus chief executive officer Geoffroy van Raemdonck, said on a conference call…

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